Credit Risk on Trade Receivables and Liquidity Risk on Trade Payables
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2023: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Trade receivables, consisting of accounts receivable, are exposed to customers’ credit risk. We manage this risk by monitoring due dates and outstanding balances for each counterparty in accordance with our credit management regulations. Trade payables, consisting of accounts payable, are due within one year.」
Management of the credit risk associated with accounts receivable and the liquidity risk associated with accounts payable was reconfirmed. - FY2020RestatedAnnual report
「Trade receivables, consisting of accounts receivable, are exposed to customers’ credit risk. We manage this risk by monitoring due dates and outstanding balances for each counterparty in accordance with our credit management regulations. Trade payables, consisting of accounts payable, are due within one year.」
Credit management for the credit risk associated with accounts receivable, and cash-flow planning and deposit-balance management for the liquidity risk associated with accounts payable, continued to be reported. - FY2019RestatedAnnual report
「Trade receivables, consisting of accounts receivable, are exposed to customers’ credit risk. We manage this risk by monitoring due dates and outstanding balances for each counterparty in accordance with our credit management regulations. Trade payables, consisting of accounts payable, are due within one year. Accounts payable are also exposed to liquidity risk. Our Group manages this risk by monitoring cash-flow plans and actual results monthly, preparing and updating cash management plans as needed during each month, and managing deposit balances in line with payment due dates.」
The policy of managing the credit risk associated with accounts receivable and the liquidity risk associated with accounts payable through credit management, monthly monitoring of cash-flow plans and actual results, and management of deposit balances was reconfirmed. - FY2018First statedAnnual report
「Trade receivables, consisting of accounts receivable, are exposed to customers’ credit risk. We manage this risk by monitoring due dates and outstanding balances for each counterparty in accordance with our credit management regulations. Trade payables, consisting of accounts payable, are due within one year. Accounts payable are also exposed to liquidity risk. Our Group manages this risk by monitoring cash-flow plans and actual results monthly, preparing and updating cash management plans as needed during each month, and managing deposit balances in line with payment due dates.」
The customer credit risk associated with accounts receivable and the liquidity risk associated with accounts payable were identified, with credit management, monthly monitoring of cash-flow plans and actual results, and management of deposit balances described as the relevant measures.